Want to see SE:HTRO full AI Analyst Report?
Top Page
Hexatronic Group AB
(HTRO)
Select Model
Select Model
Rating:56Neutral
Price Target:
kr40.00
▼(-2.08% Downside)
Action:Reiterated
Date:07/16/26
The score is held back primarily by the sharp profitability and margin deterioration to near-breakeven levels, despite acceptable leverage. Supporting the rating are resilient operating/free cash flow and a constructive price trend above major moving averages, while valuation remains unattractive/unclear due to negative earnings and no stated dividend yield.
Positive Factors
Resilient Free Cash Flow
Strong operating and free cash flow provides internal funding for production, network solutions and investment. FCF growth despite weak earnings supports near-term financial flexibility, although its sustainability should be monitored as profitability remains pressured.
Negative Factors
Severe Gross Margin Compression
The sharp margin reset indicates sustained pressure from costs, pricing, product mix or other operating factors. Unless margins recover, revenue growth will translate weakly into earnings and may reduce the resources available for investment and expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Resilient Free Cash Flow
Strong operating and free cash flow provides internal funding for production, network solutions and investment. FCF growth despite weak earnings supports near-term financial flexibility, although its sustainability should be monitored as profitability remains pressured.
Read all positive factors
Hexatronic Group AB (HTRO) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr8.64B
Dividend YieldN/A
Average Volume (3M)1.17M
Price to Earnings (P/E)201.2
Beta (1Y)0.95
Revenue Growth4.60%
EPS Growth-89.25%
CountrySE
Employees2,106
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)0.20
Shares Outstanding221,426,700
10 Day Avg. Volume1,116,583
30 Day Avg. Volume1,166,324
Financial Highlights & Ratios
PEG Ratio3.25
Price to Book (P/B)1.38
Price to Sales (P/S)0.65
P/FCF Ratio9.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr48.50Price Target Upside18.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.14
Revenue Forecast (FY)kr8.38B
Hexatronic Group AB Business Overview & Revenue Model
Company Description
Hexatronic Group AB (publ), founded in 1972 and headquartered in Gothenburg, Sweden, is a global entity dedicated to the full spectrum of fiber communication solutions, from conception and development to manufacturing, marketing, and sales. The co...
How the Company Makes Money
Hexatronic makes money primarily by selling fiber-optic infrastructure products and turnkey solution packages used in the build-out of fiber broadband and telecom networks. Its core revenue comes from supplying physical network components—such as ...
Hexatronic Group AB Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
58
Neutral
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.92B | 7.25B | 7.59B | 8.15B | 6.57B | 3.49B |
| Gross Profit | 1.73B | 87.00M | 3.17B | 3.50B | 2.88B | 1.53B |
| EBITDA | 968.00M | 476.00M | 1.10B | 1.62B | 1.26B | 483.40M |
| Net Income | 45.00M | -14.00M | 346.00M | 848.00M | 795.00M | 253.10M |
Balance Sheet | ||||||
| Total Assets | 9.45B | 8.06B | 8.96B | 8.73B | 7.39B | 4.72B |
| Cash, Cash Equivalents and Short-Term Investments | 694.00M | 661.00M | 633.00M | 813.00M | 552.00M | 675.10M |
| Total Debt | 2.64B | 2.69B | 3.07B | 3.49B | 2.35B | 1.92B |
| Total Liabilities | 5.01B | 4.59B | 4.91B | 5.30B | 4.58B | 3.07B |
| Stockholders Equity | 4.41B | 3.44B | 4.02B | 3.40B | 2.77B | 1.64B |
Cash Flow | ||||||
| Free Cash Flow | 608.00M | 487.00M | 596.00M | 426.00M | 190.50M | -97.60M |
| Operating Cash Flow | 714.00M | 585.00M | 921.00M | 944.00M | 669.50M | 104.70M |
| Investing Cash Flow | -795.00M | -272.00M | -508.00M | -1.43B | -1.10B | -1.15B |
| Financing Cash Flow | 282.00M | -199.00M | -612.00M | 770.00M | 270.60M | 1.51B |
Hexatronic Group AB Technical Analysis
Positive
40.85
Price Trends
39.09
Positive
39.90
Positive
32.16
Positive
Market Momentum
-0.01
Positive
52.58
Neutral
35.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HTRO, the sentiment is Positive. The current price of 40.85 is above the 20-day moving average (MA) of 39.64, above the 50-day MA of 39.09, and above the 200-day MA of 32.16, indicating a bullish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 52.58 is Neutral, neither overbought nor oversold. The STOCH value of 35.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:HTRO.
Hexatronic Group AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | kr325.56B | 12.91 | 23.57% | 3.19% | -7.45% | 42.49% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | kr338.49M | 179.52 | ― | ― | 11.87% | ― | |
56 Neutral | kr8.64B | 201.15 | 1.20% | ― | 4.60% | -89.25% | |
53 Neutral | kr980.96M | -68.54 | -2.24% | ― | -14.51% | -1025.00% | |
53 Neutral | kr735.33M | -234.62 | ― | ― | -9.23% | -111.03% | |
43 Neutral | kr92.88M | -1.73 | -39.36% | ― | -64.68% | -31.59% |
* Technology Sector Average
SE:HTRO
Hexatronic Group AB
40.23
16.70
70.97%
SE:ERIC.B
Telefonaktiebolaget LM Ericsson Class B
95.70
22.79
31.25%
SE:INCOAX
InCoax Networks AB
0.59
-0.45
-42.88%
SE:NETI.B
Net Insight AB Class B
2.92
-1.62
-35.61%
SE:ALCA
Alcadon Group AB
30.50
9.40
44.55%
SE:WAYS
Waystream Group AB
37.70
-2.20
-5.51%
Hexatronic Group AB Corporate Events
Hexatronic Updates Share and Vote Structure After LTIP 2023 Conversion
Jul 31, 2026
Hexatronic Group AB has adjusted its share and vote structure following the maturation of its LTIP 2023 incentive programme, under which participants were allotted shares and 21,959 Class C shares were converted into ordinary shares. The change, r...
Hexatronic calls EGM to launch new long-term share incentive plan
Jul 30, 2026
Hexatronic Group AB has called an Extraordinary General Meeting for 26 August 2026 at its Gothenburg head office, inviting shareholders to attend in person or participate via advance voting. The notice details procedures for registration, proxy re...
Hexatronic Converts Class C Shares as 2023 Incentive Plan Matures
Jul 16, 2026
Hexatronic Group AB has completed the maturity of its 2023 long-term incentive programme, allocating performance shares to participants, including the executive management team, who have stated they will not sell their newly allotted shares for no...
Hexatronic Names Oscar Wärme Acting Head of Data Center
Jul 15, 2026
Hexatronic Group AB has appointed Oscar Wärme as acting Head of Data Center and member of the Executive Management Team, effective August 1, 2026, following the departure of current Head of Data Center, Martin Åberg. Wärme, who join...
Hexatronic Sets Date for Q2 2026 Report and Investor Webcast
Jul 1, 2026
Hexatronic has scheduled the publication of its second-quarter 2026 report for July 15 at 07:00 a.m. CEST, followed by a webcast presentation later that morning with senior executives including the CEO, CFO, Deputy CEO and Head of Investor Relatio...
Hexatronic to Double Submarine Cable Capacity with New Hudiksvall Production Line
Jun 29, 2026
Hexatronic Group AB will install a new submarine fiber-optic cable production line at its Hudiksvall, Sweden facility, more than doubling its manufacturing capacity and lifting potential annual output value from roughly SEK 150–200 million t...
Hexatronic Deputy CEO Martin Åberg to Step Down After Key Role in Global Expansion
Jun 14, 2026
Hexatronic Group AB announced that Deputy CEO and Head of the Data Center business area, Martin Åberg, has decided to leave the company to focus on his private investments, though he will remain in his role until a successor is appointed to e...
Hexatronic Expands Share Capital Through Directed Issue
Jun 3, 2026
Hexatronic Group AB has increased its number of shares and votes following a directed issue of 15,789,474 new ordinary shares, resolved by the board under an existing AGM authorization and registered with the Swedish Companies Registration Office ...
Hexatronic Closes Superior Fiber & Data Deal to Deepen U.S. Data Center Reach
Jun 1, 2026
Hexatronic Group has completed the acquisition of Superior Fiber Data Services, a Texas-based data installation and service specialist, which will be integrated into Hexatronic’s Data Center business area. The deal, financed through a direc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.